REI Lense

REI Lense

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$1,729 (target)

238 Bellaire Dr, Fairborn, OH 45324

3 beds • 2 baths • 1128 sqft

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This property looks like a bad Long-Term investment with a projected -6.28% first-year return on $49,455 initial cash invested.

-6.28%

Cash On Cash

5.51%

Cap Rate

0.86

DSCR

$1,729

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,729 income − $1,988 expenses = $259 out of pocket

Income$1,729Out of Pocket$259Mortgage P&I$1,25573%Property Taxes$20012%Insurance$845%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,455

Downpayment

20%

$47,100

Closing costs

1%

$2,355

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,729

Total Expenses

$1,988

Mortgage P&I

73%

$1,255

Property Taxes

12%

$200

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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